Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SBGI | Class A Common Stock | Tax liability | -$411K | -26.6K | -14.05% | $15.47 | 163K | Jun 1, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Designates withholding of shares to satisfy the Reporting Person's tax liability upon the early vesting of restricted stock granted on January 31, 2022 in connection with the issuer's reorganization effective June 1, 2023. |
F2 | The total number of shares released to the Reporting Person was 55,066 shares of Class A Common Stock issued as Restricted Stock of which 26,597 shares were withheld by the issuer to satisfy the Reporting Person's tax liability. |
F3 | Includes the vested 28,469 shares of Class A Common Stock reported on this Form 4 issued as Restricted Stock. The Reporting Person also owns 302,583 shares held in a revocable trust for which the Reporting Person serves as a co-trustee and 3,072.352318 shares of Class A Common Stock held in a 401(k) unitized stock fund. |